Consumer Private Placement and M&A Transactions Review Week Ending September 22, 2024

Pret A Manger: The company received GBP 250 million of financing from undisclosed investors on September 17, 2024. The company is an operator of a chain of coffee and sandwich shops.
Brightmore Brands: The company received $98.2 million of development capital from undisclosed investors on September 20, 2024. The company is an operator of a chain of thrift stores.

Pairwise: The company raised $40 million of Series C venture funding in a deal led by Deerfield Management on September 17, 2024. Leaps by Bayer, Corteva and Aliment Capital also participated in the round. The company is a developer of a genome-editing platform for fruits and vegetables.

MiAlgae: The company raised GBP 13.8 million of venture funding from Old College Capital, MNL Nominees, and Ascension on September 18, 2024, putting the company’s pre-money valuation at GBP 34.1 million. Ananke, SWEN Blue Ocean Partners, Clay Capital (Singapore), Rabo Ventures, Equity Gap, Scottish Enterprise, Social Investment Scotland, Impact Ventures (London), and other undisclosed investors also participated in the round. The company is a producer of microalgae intended to offer replacement to fishmeal in animal food.

Beillevaire: The company received an undisclosed amount of development capital from Unigrains on September 16, 2024. The company is a producer and distributor of cheese and dairy products based in Machecoul Saint Meme, France.

Aimia Foods / Unsworth Family: The company, a subsidiary of Primo Water, was acquired by Unsworth Family for an undisclosed amount on September 18, 2024. The company is a producer and distributor of food products and drinks catering to retail chains in the United Kingdom.

BerryWorld / Agroberries: The company was acquired by Agroberries for an undisclosed amount on September 17, 2024. The company is a distributor of berries and prepared fruit based in Broxbourne, United Kingdom.

Deliciously Ella / Hero Schweiz: The company was acquired by Hero Schweiz for an undisclosed amount on September 16, 2024. The company is a developer of a plant-based food and wellness platform designed to offer natural food products, food blogs, recipe books and cooking classes.

EnGeniousAg / CropX: The company was acquired by CropX for an undisclosed amount on September 18, 2024. The company is designs, manufactures, and deploys low-cost, instant readout, high-performance, field-based nutrient sensors for crops, soils and water.

First Coast Flavors / OC Flavors: The company was acquired by OC Flavors, via its financial sponsor Shore Capital Partners, through an LBO on September 18, 2024 for an undisclosed amount. The company is a producer of flavoring products for food and beverages.

Jampi Glacier / Individual Investor: The company was acquired by Mr. Olivier Bordais on September 17, 2024. The company is a manufacturer and retailer of ice cream products based in Brest, France.

Montana Gluten Free / Bay State Milling: The company was acquired by Bay State Milling for an undisclosed amount on September 17, 2024. The company manufactures and packages gluten free food in Belgrade, Montana.

Rise Baking Company / Butterfly Equity: The company entered into a definitive agreement to be acquired by Platinum Equity and Butterfly Equity through an LBO on September 17, 2024 for an undisclosed amount. The company is a manufacturer and distributor of bread and rolls for grocery retail and restaurant markets.

Scout & Cellar / Full Glass Wine Co: The company was acquired by Full Glass Wine Co. for an undisclosed amount on September 19, 2024. The company is an operator of a direct-to-consumer wine marketplace.  Silverwood Partners acted as exclusive financial advisor to Full Glass Wine Co.

Splash / Full Glass Wine Co: The company was acquired by Full Glass Wine Co. for an undisclosed amount on September 19, 2024. The company is an operator of a direct-to-consumer wine marketplace.  Silverwood Partners acted as exclusive financial advisor to Full Glass Wine Co.

Totally Welsh / Freshways: The company was acquired by Freshways, a subsidiary of Medina Dairy, for an undisclosed amount on September 22, 2024. The company is a producer of milk and dairy products.